Joseph Stiglitz
Information at IDEAS / RePEc World Bank Chief Economist In office 1997–2000 Preceded by Michael Bruno Succeeded by Nicholas Stern 17th Chair of the Council of Economic Advisors In office June 28, 1995 – February 13, 1997 President Bill Clinton Preceded by Laura Tyson Succeeded by Janet Yellen Personal details Born Joseph Eugene Stiglitz (1943-02-09) February 9, 1943 (age 72) Gary, Indiana Nationality United States Political party Democratic Spouse(s) Jane Hannaway (1978–?; divorced) Anya Schiffrin (m. 2004) Alma mater Amherst College Massachusetts Institute of Technology Joseph Eugene Stiglitz, ForMemRS, FBA (born February 9, 1943) is an American economist and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1979). He is a former senior vice president and chief economist of the World Bank and is a former member and chairman of the (US president's) Council of Economic Advisers. He is known for his critical view of the management of globalization, free-market economists (whom he calls "free market fundamentalists"), and some international institutions like the International Monetary Fund and the World Bank. In 2000, Stiglitz founded the Initiative for Policy Dialogue (IPD), a think tank on international development based at Columbia University. He has been a member of the Columbia faculty since 2001, received that university's highest academic rank (university professor) in 2003, and is the co-chair of the university's Committee on Global Thought. He also chairs the University of Manchester's Brooks World Poverty Institute as well as the Socialist International Commission on Global Financial Issues and is a member of the Pontifical Academy of Social Sciences. Stiglitz has over 40 honorary doctorates and at least eight honorary professorships, as well as an honorary deanship. In 2009 the President of the United Nations General Assembly Miguel d'Escoto Brockmann, appointed Stiglitz as the chairman of the U.N. Commission on Reforms of the International Monetary and Financial System, where he oversaw suggested proposals and commissioned a report on reforming the international monetary and financial system. Since 2012 Stiglitz has been the president of the International Economic Association. He presided over the organization of the IEA triennial world congress held near the Dead Sea in Jordan in June 2014. Based on academic citations, Stiglitz is the 4th most influential economist in the world today, and in 2011 he was named by Time magazine as one of the 100 most influential people in the world. Stiglitz's work focuses on income distribution, asset risk management, corporate governance, and international trade, and is the author of ten books, with his latest, The Price of Inequality (2012), hitting The New York Times best seller list.